Mathew Ingram reports on Yahoo's troubles:

As expected by just about everyone, Yahoo released fairly laclustre numbers late Tuesday — and also used a word that you should try never to use in an earnings outlook: “headwinds.” As Rob Hof notes at BusinessWeek, this is code for “results are going to suck until further notice.” The stock was off about 10 per cent in after-hours trading, and that took it down near $20, or 40 per cent lower than it was three months ago.

Here's my simple question: What does Yahoo actually do? Can anyone summarize their business model in a sentence? Heck, even Sun's business model is clearer, and that's saying a lot for a company that just spent $1B on MySQL...

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